Hargreaves Lansdown is adding index trackers to its Wealth 150 Plus recommended fund list for the first time as investor interest in passives continues to grow.
The firm is adding 13 index funds, previously held on its Core Tracker List, to the Wealth 150 Plus, the first time passives will be included in the list since its launch in 2003. The move is aimed at making it easier for investors to compare funds, both active and passive, across each sector. Mark Dampier (pictured), head of research, said: "Private investors are pragmatic, not dogmatic, when it comes to their portfolio, and simply want the most appropriate fund for the market they are investing in, whether that is active or passive. "Index trackers have become an important part of...
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